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Just, you know, for discussion. What that graph says is that in 2014, forty percent of asset-backed securities were fucking student loans. Now? A little over 20%. Guess at the cost of student loan forgiveness? $300b over ten years. Total outstanding student loan debt in the USA? $1.75 trillion. Apparently when you create a "student loan asset backed security" you call it a SLAB. As of 2016? $200b in SLABs from a total market of $1.4T at the time. Even as student loan debt is increasing, market participation in those loans has dropped by 50% in the past seven years, which to me? Says "capitalism" has fully expected student loan relief since Obama's first term.